
Newfoundland, New Jersey
Type: Office, Retail
Size: 3,000 sqft. | .82 acres
- Full description below -
Newfoundland, New Jersey
🏢 3,000 SF Class A Office | Cannabis-Compatible Redevelopment Opportunity | 0.82 Acres | $1.2M
📊 Investment Highlights
Asking Price: $1,200,000
Property Type: Office
Sub Type: Traditional Office / Cannabis-Compatible
Class: A
Tenancy: Vacant (Owner-User or Investor Ready)
Square Footage: ±3,000 SF
Lot Size: ±0.82 Acres
Zoning: Commercial / Office (Cannabis-Permitted Use Potential)
Occupancy: Vacant
Redevelopment Potential: Yes – Large Site Footprint with Expansion Options
🧾 Executive Summary
A rare opportunity to acquire a Class A professional office building in Newfoundland, New Jersey, offering cannabis-permitted zoning and redevelopment flexibility across 0.82 acres.
This ±3,000 SF property is currently configured as a law office, featuring modern finishes, multiple private offices, reception area, conference room, and ample on-site parking. The vacant status allows for immediate occupancy by an owner-user or tenant, while the large lot size provides long-term potential for expansion, redevelopment, or adaptive reuse under the area’s flexible commercial zoning.
The site’s cannabis-compatible designation makes it an ideal candidate for conversion to professional cannabis offices, compliance centers, or administrative support for a licensed operator — or, alternatively, as a turnkey office investment in a growing regional market.
Located near key North Jersey corridors, this property benefits from excellent accessibility, strong demographics, and stable market fundamentals, making it well-positioned for a variety of business, investment, or redevelopment strategies.
🏢 Property Overview
Building Size: ±3,000 SF
Lot Size: ±0.82 Acres
Configuration: Single-Story Professional Office
Current Use: Law Office (Vacant)
Condition: Class A / Move-In Ready
Zoning: Commercial / Office – Cannabis Use Permitted
Parking: Ample On-Site Surface Parking
Potential Uses:
Professional or Medical Office
Cannabis Administration / Support Facility
Boutique Retail or Wellness Center
Redevelopment for Mixed Commercial Use
📍 Location Highlights
Situated in Newfoundland, New Jersey, this property lies within reach of major northern New Jersey corridors while retaining the privacy and space of a suburban setting. The area offers direct access to Route 23, connecting to Interstate 287, I-80, and Route 46, providing strong regional connectivity to Wayne, West Milford, and the broader Morris and Passaic County markets.
The surrounding community supports a mix of professional services, local businesses, and medical users — ideal for continued office operations or conversion to specialized commercial use.
🌿 Cannabis & Redevelopment Potential
Zoning: Cannabis-permitted use under local ordinance
Site Size: ±0.82 Acres – suitable for expansion or redevelopment
Ideal For: Cannabis office, compliance center, or future dispensary (pending approvals)
Utilities & Access: On-site parking, public utilities, and high-visibility access
💡 Summary of Opportunity
✅ 3,000 SF Class A Office on 0.82 Acres
🏗️ Redevelopment or Expansion Potential (Commercial/Mixed Use)
🌿 Zoned for Cannabis-Related Operations
💼 Ideal for Law Firm, Medical Practice, or Cannabis Business HQ
📍 Accessible North Jersey Location | Route 23 Corridor
💰 Flexible Owner/User or Investment Opportunity
Market Intelligence Property
This opportunity is included as part of GreenZones' ongoing coverage of cannabis commercial real estate activity in this market.
View the complete market overview, licensing data and additional opportunities:
New Jersey Market Intelligence → https://www.greenzones.us/new-jersey
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